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395 Results / Page 8 of 44

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Roku
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Roku shares drop after streaming company misses revenue estimates

Roku shares drop after streaming company misses revenue estimates Via CNBC.com: Roku shares dropped in after-hours trading Wednesday after the company reported a third-quarter revenue that missed expectations. The company’s revenue came in at $680 million, just below a Refinitiv forecast of $683.4 million. That’s still up 51% from a year earlier. Roku’s earnings per share of 48 cents, however, topped expectations for earnings of 6 cents. Active accounts on […]

today11/04/2021 3

American Airlines
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American Airlines cancels more than 1,400 weekend flights, citing weather and staffing issues

American Airlines cancels more than 1,400 weekend flights, citing weather and staffing issues Via CNBC.com: American Airlines has canceled more than 1,700 flights since Friday, blaming staffing problems and high winds at its busiest hub several days earlier. It’s the latest mass flight disruption to face travelers as some carriers struggle to handle a rebound in travel demand. The cancellations increased at the end of the weekend. On Sunday, American […]

today11/01/2021 7

Roku
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YouTube is about to pull its apps from Roku

YouTube is about to pull its apps from Roku Via CNBC.com: YouTube is leaving Roku. And now the fight between the two companies has caught the attention of members of Congress attempting to push their Big Tech antitrust legislation. After a months-long fight between Roku and YouTube’s parent company Google, Google announced Thursday that it would no longer allow Roku customers to download the YouTube or YouTube TV apps to […]

today10/25/2021 2

United Airlines
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United Airlines posts higher-than-expected revenue after travel demand rebounds

United Airlines posts higher-than-expected revenue after travel demand rebounds Via CNBC.com: United Airlines on Tuesday reported higher-than-expected revenue as travelers returned in the summer, despite a hit from the delta variant. The airline didn’t give a timeline for when it would return to profitability. United posted net income of $473 million thanks to a boost from $1.13 billion in federal payroll aid. Its third-quarter sales totaled $7.75 billion compared with […]

today10/20/2021 2

Panic ordering
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Panic ordering by retailers is making the supply chain crisis ‘even worse’

Panic ordering by retailers is making the supply chain crisis ‘even worse’ Via CNBC.com: Retailers and manufacturers are overordering or placing orders too early amid panic over the massive supply chain crisis, and that’s making things much worse, those in the industry told CNBC. “Suddenly, retailers and manufacturers are overordering because of these supply chain issues, and that’s just leading to essentially an even worse scenario,” Jonathan Savoir, CEO of […]

today10/20/2021 4

jobs
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A record 4.3 million workers quit their jobs in August, led by food and retail industries

A record 4.3 million workers quit their jobs in August, led by food and retail industries Via CNBC.com: Workers left their jobs at a record pace in August, with bar and restaurant employees as well as retail staff quitting in droves, the Labor Department reported Tuesday. Quits hit a new series high going back to December 2000, as 4.3 million workers left their jobs. The quits rate rose to 2.9%, […]

today10/13/2021 4

supply-chain
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Groups warn of supply chain system collapse, as California ports face record backlogs

Groups warn of supply chain system collapse, as California ports face record backlogs Via Just The News: The International Chamber of Shipping, a coalition of truck drivers, seafarers, and airline workers, recently warned heads of state at the United Nations General Assembly that if restrictive COVID policies don't change and freedom of movement isn't restored to transportation workers, a supply-chain collapse is imminent.  Industry leaders representing some 65 million transport workers asked […]

today10/01/2021 24

chip shortage
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U.S. auto sales forecast to plummet in third quarter as chip shortage plagues industry

U.S. auto sales forecast to plummet in third quarter as chip shortage plagues industry Via CNBC.com: U.S. auto sales are expected to nose-dive in September, driving purchases of new vehicles down in the third quarter by at least 13% as the chip shortage continues to disrupt production, new industry estimates show. Forecasts from Cox Automotive, Edmunds and J.D. Power/LMC Automotive predict vehicle sales from July through September were less than […]

today10/01/2021 62

Chip shortage
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Chip shortage expected to cost auto industry $210 billion in revenue in 2021

Chip shortage expected to cost auto industry $210 billion in revenue in 2021 Via CNBC.com: With no end in sight this year, the ongoing semiconductor chip shortage is now expected to cost the global automotive industry an estimated $210 billion in revenue in 2021, according to consulting firm AlixPartners. The forecast is almost double it previous projection of $110 billion in May. The New York-based firm first released an initial […]

today09/23/2021 2

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